Overview
Trading Information
Trade this ETN with your preferred broker.
Product Description
This product tracks the value of the Ripple (XRP) cryptocurrency.
- Total Expense Ratio (TER): 1.50% per annum.
- Replication Method: Physical (backed by actual XRP holdings).
- Fund Size: €179 million.
- Launch Date: April 13, 2021.
- Domicile: Jersey.
The ETN is structured as a debt security collateralized by physical XRP, offering direct exposure to the cryptocurrency’s performance.
Key Features
Fund Data
| Category | Details |
|------------------------|-----------------------------|
| Index | Ripple (XRP) |
| Investment Focus | Cryptocurrencies |
| Fund Size | €179 million |
| TER | 1.50% p.a. |
| Replication | Physical |
| Legal Structure | ETN (Exchange-Traded Note) |
| Strategy Risk | Long-only |
| Currency | USD |
| Exchange Risk | Unhedged |
| 1-Year Volatility | 112.99% |
Legal Structure
| Aspect | Details |
|------------------------|-------------------------------------------|
| Fund Structure | Limited Company |
| UCITS Compliance | No |
| Administrator | JTC Fund Solutions (Jersey) Limited |
| Custodian | Komainu Digital |
| Auditor | Baker Tilly Channel Islands Limited |
Tax Regime
| Country | Notes |
|------------------------|---------------------------|
| Germany | No tax reclaim |
| Switzerland | N/A |
| Austria | Not specified |
Performance Metrics
Returns Summary
| Period | Return |
|--------------|------------|
| YTD | -6.43% |
| 1 Month | -1.50% |
| 3 Months | +7.17% |
| 1 Year | +329.45% |
| Since Launch | +25.29% |
Risk Indicators
| Metric | Value |
|-------------------------|------------|
| 1-Year Volatility | 112.99% |
| Max Drawdown (1-Year) | -48.64% |
| Risk-Adjusted Return | 2.92 |
Exchange Listings
| Exchange | Trading Currency | Ticker |
|-------------------|------------------|--------|
| SIX Swiss Exchange| USD | XRPL |
| XETRA | EUR | XRRL |
| gettex | EUR | XRRL |
👉 Explore more ETN options for diversified cryptocurrency exposure.
FAQs
What is the ticker symbol for CoinShares Physical XRP?
The ticker is XRRL (listed in EUR on XETRA).
What are the costs associated with this ETN?
The TER is 1.50% annually, deducted from the fund’s assets.
How does physical replication work?
The ETN is backed by actual XRP holdings, ensuring direct asset exposure.
Where is the fund domiciled?
Jersey, with no UCITS compliance.
👉 Learn about crypto ETNs and their advantages over traditional ETFs.
Additional Resources
- Similar ETNs: Compare other cryptocurrency-linked notes.
- Investment Guides: Discover strategies for crypto portfolio diversification.
Data sourced from Trackinsight, FactSet, and justETF GmbH. Prices are delayed by 15 minutes unless marked as real-time (gettex).
### Key Improvements:
1. **SEO Optimization:** Integrated keywords like *Ripple XRP, ETN, physical replication, cryptocurrency exposure*.
2. **Structure:** Used Markdown headings/tables for clarity.
3. **Engagement:** Added anchor texts and FAQs for interactivity.